Author

Topic: If all internet ithe world is destroyed then the crypto will look like? (Read 466 times)

full member
Activity: 434
Merit: 102
If it is like that, then I think cryptocurrency will drop the price and many Wallet crypotucrencies will switch to wallet hardware.
We can conclude with wallet hardware we store it safely.
newbie
Activity: 280
Merit: 0
If you save Bitcoin in your hardware wallet, it might all be safe.
As long as your wallet hardware is not destroyed, and the Bitcoin stored in the inline wallet needs time to restore it.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
Worldwide war could crash/destroy the price but not the immutablity of the database which is kind of the most important thing(the Blockchain records cannot be lost nor changed)
So of the War ends we will continue from where we stopped and price will most likely sky rocket.


Global trade may cease during a Global War. Normal trade will slow down. There will be few people using Cryptocurrency.

Price will likely be on standstill/stable if a global disaster disrupts World internet at thesame time.
sr. member
Activity: 1960
Merit: 329
www.Artemis.co
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
An outbreak of war can not destroy the internet. It can only disrupt it. The internet is not a physical presence. It is an intellectual software. Only the hardware components can get touched by bombs and guns. I do not want to imagine what can happen if the Internet is destroyed because that will be taking the world back to the Stone age.
jr. member
Activity: 196
Merit: 2
TREEBLOCK.io
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
In the first place, such a thing will not really happen, though it might in some part of the world, but it can't be happening in the whole world at the same thing, so the safe place will keep the cryptos going
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
crypto will be useless if the internet all over the world will be destroyed, without internet, crypto can only be use only if you can access the internet, crypto will never work and will never have a progress, since internet is really important.
sr. member
Activity: 2366
Merit: 332
If the internet collapse in a day, there will be chaos and confusion everywhere in the society. For a total collapse, the whole society will be traumatized, so it is not only crypto that will suffer. The transport system both on air and sea, governance etc.
member
Activity: 154
Merit: 10
It all sounds so funny Grin I do not know what's going to happen in the world. So that the Internet is gone? Because this is unrealistic. To say what will happen to the crypto currency is meaningless.
sr. member
Activity: 700
Merit: 251
the Internet destroyed the same crypto also inaccessible. This will cause the crypto will also die when the internet started to not be for long. everything comes to be crypto will not escape from any internet connection in various countries. but looking at the possibility that I think will not happen this kind of occurrence.
hero member
Activity: 1540
Merit: 500
crypto can function without the internet but only for so long. If all internet across the world was destroyed then the loss of my crypto investment would be the least of my worries. The world would turn to chaos quickly and safety would be the only concern. It's sad we lasted thousands of years without the internet but now I do not think we could last more than a week.

Indeed. crypto would be last people concern if internet gets destroyed but hard wallet is what keeps it secure in case of "natural disaster". Biggest problem would be financial sector and economy would be the first thing that gets hit. there would be unimaginable chaos that no one has ever thought of before. everything from healthcare to stock market is dependent on the internet.
full member
Activity: 260
Merit: 104
crypto can function without the internet but only for so long. If all internet across the world was destroyed then the loss of my crypto investment would be the least of my worries. The world would turn to chaos quickly and safety would be the only concern. It's sad we lasted thousands of years without the internet but now I do not think we could last more than a week.
hero member
Activity: 3038
Merit: 634
No one will ever connect to their wallets if there's no internet connection. There will be no transaction as internet is playing a big and important role to cryptocurrencies.

You can't mine if there's no connection and mining is important to confirm transactions so if there's no internet, there will be no sending and receiving of payments. There will be a crisis for big companies and mining farms but for a typical and small holder like me, I can endure it even there's no internet.
full member
Activity: 406
Merit: 100
If the internet connection will fail everywhere (which hardly ever happens), all the money systems will get crashed, both fiat and crypto.
copper member
Activity: 434
Merit: 0
If this happens, then a big loss is actually possible. There will be no control over this. With no end to internet services, crypto will not have any control. There will be no cost of all currency. But all this will only take effect for some time as it is different today. It has been reached to ordinary people too. Perhaps after some time, the person will again develop the internet tool, then it will be restored again. It is true that the loss that will be lost during this phase will never be compensated.
newbie
Activity: 40
Merit: 0
First of all, it is unlikely that all of my personal Internet world will be destroyed. Unless the World War III, I can't keep it to that extent. What else do I need? Then the cryptocurrency market will be suspended until the Internet is restored. Of course, the cryptocurrency will certainly be damaged to some extent, but not all.
newbie
Activity: 169
Merit: 0
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If the whole world loses internet connection then I think the crypto market will always exist. And we can recover the market after restoring the infrastructure. But it will take a lot of time to recover the infrastructure
jr. member
Activity: 308
Merit: 1
If the Internet is destroyed, then there will be no crypto currency at all, and there will not be any sense in it, there will be an exchange.  Fish will be changed to potatoes ...)
newbie
Activity: 221
Merit: 0
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If the internet is destroyed and no longer exists then crypto will also suffer destruction. It is very clear that crypto activity is highly dependent on internet access, so that if there is no internet there will be no crypto activity anymore.
full member
Activity: 490
Merit: 100
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It is possible to restore everything, but it is extremely difficult. Now both mining and other operations with crypto-currency only on the network. And what will happen as a result of its destruction around the world,  but nothing, people's values will change and they will think quite differently.
sr. member
Activity: 742
Merit: 250
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
I think you make and obvious question.
If there is no internet connection available, there will be no more cyrptocurrency available.
Perhaps you know that answer already.
sr. member
Activity: 504
Merit: 250
Internet and crypto are things that can not be separated. Crypto without any internet network certainly will not be accessible. This will make the crypto died for a moment until anyone could access crypto is back. but I think that's not likely to happen because crypto is not only accessible by one region or country only.
full member
Activity: 504
Merit: 101
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

If that will happen then the transactions of all crypto will be stop. As all we know crypto is blockchain and without internet it can't be done. But for sure if internet will be restore it will be restored too. Data of it not stored in the net but stored in many nodes.
sr. member
Activity: 826
Merit: 256
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?


The users who are affected by that disasters will not be able to access their coins unless the internet is restored. There are also possible problems that the cryptocurrency holders may encounter if the internet is finally restored, like lost passwords, hacking and inaccessible sites. Restoring the internet after a disaster will take time because of the damaged infrastructures and that may also affect the the quality of the internet.
member
Activity: 756
Merit: 12
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

Cryptocurrency dependign on internet connection, if internet connection shutdown at same time all around the world, cryptocurrency will be death I think. I am believe data can be restore because its blockchain system and all miner keep and saving the data
member
Activity: 252
Merit: 10
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If by instance internet was destroyed by a disaster like natural calamities, for sure electricity will be shut down and Cryptocurrency transaction will all be cancelled by that time and there is nothing we can do about it. The only thing we can do for such disasters is to wait for everything to go back to normal. Just make sure you and your family is safe because that's the most important thing.
 
full member
Activity: 476
Merit: 100
It would be huge disaster for whole world but nothing threatens to crypto cooper. You can hold you currencies on hard wallets.
newbie
Activity: 350
Merit: 0
such a negative thinking man. don't think that way, if any disaster happens, they obviously has some technology that will keep safe out internet and, everything will regenerate like it used to be. Damn, what we are talking about!!!! nothing will happen like this.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

i think that is a doomsday for cryptocurrency world. no activity, no investment, no buying, no selling. and i dont think it can be restore same as before again cause the system has broken. need a long time to make it normal again.
While it is correct that if the Internet disappeared that will be terrible for the world of cryptocurrencies, at the same time it is not like the traditional markets will be able to continue as well, they are now completely dependent on the Internet and its infrastructure so not only the cryptocurrency economy will suffer but the whole economy will suffer as a result of the destruction of the Internet.
newbie
Activity: 266
Merit: 0
It’s a disaster if its happen only because of war or the movie like 2012 (natural disaster) happen then it can be happen or else its probability is very low So we all know if its happen all the internet service will collapse so this system will also down. Though it’s a digital money it will be problematic but btc will take this issues very carefully they should make storage or any other options but it’s quite impossible.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
The Internet and blockchain are indivisible.
So if the Internet disappears, then blockchain technology will disappear completely.
legendary
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
hahaha priorities  Grin
I would not be worried about crypto if internet is destroyed due to reasons such as war. I'd rather worry about my safety.
Anyway, to answer your question, no internet = no crypto.
hero member
Activity: 1274
Merit: 516
Without Internet crypto won't be working at all, the crypto without transaction volume will be like a dead coin, if the internet only dead in one country then the problem wont be too big, the effect will be the price down momentarily, but if all Internet in the world dead then even after the restoration people will think twice before invest again
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
That is really a absurd situation you are talking about. I see no chances of internet being destroyed . If this happens then cryptocurrency will not work as it is totally dependent on network. But if this happens then not only cryptos but many more sectors will stop.
I agree with you. What kind of a stupid question is this? Is op even serious? This is obviously something which might never happen since this is the internet we are talking about. If there is a problem related to internet services, it can be rectified immediately. This situation is not plausible at all. I feel this can happen only if the entire world gets plunged into chaos due to world war 3, but people will still figure out a way to reactivate internet services. Have already seen this time and again in the past. Stop asking such silly questions and focus on asking better questions in the future op.
newbie
Activity: 132
Merit: 0
Yes, we now hold cryptocurrencies as Internet products. If the Internet does not exist with us, it will not exist. I think this is impossible.
full member
Activity: 448
Merit: 102
If all internet in the world is destroyed then the crypto will look like shit, it is worthless and don't have any value at all because it can't be used anymore, it is digital currency and only can be used in online world.
We all know this thing that all the crypto currencies work and operate based on an internet connection and that without an internet connection, there is nothing good which we can do even if we have lot of crypto coins in our wallet. Everything will just be useless without an internet connectivity as you need to have an internet to perform any kind of transaction or to do any other thing related to that of the crypto currencies.
jr. member
Activity: 294
Merit: 7
BITDEPOSITARY - Make ICO's , More Secure
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

no crypto without internet Smiley when the internet gets back, then crypto will be there again, otherwise not. I doubt internet can go down, if that happens, there will be worse things to look after than crypto black out
newbie
Activity: 224
Merit: 0
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

Let's be optimistic and not otherwise. Always hope for the good thing to happen. If war is inevitable, no one can predict the aftermath. Not only would the crypto be destroyed but also the fiat currency.
newbie
Activity: 238
Merit: 0
That is really a absurd situation you are talking about. I see no chances of internet being destroyed . If this happens then cryptocurrency will not work as it is totally dependent on network. But if this happens then not only cryptos but many more sectors will stop.
copper member
Activity: 476
Merit: 1
AzartPay
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
Of course you can, because all data will be stored on servers. At least one version of the blockchain will be enough to restore the entire network. (unless, of course, this one version replaces the data); )
member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

while, if the internet in the world is not going well, there is the possibility of bitcoin is worthless. because this temporary cryptocurrency requires internet network access in order to transact and can be used
unless for the future there will be technology development that makes cryptocurrency can stay alive and can be used without the internet
sr. member
Activity: 462
Merit: 250
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

If the Internet over the world is stopped and destroyed, it is more than certain that the crypto will be destroyed along with it. And then I do not think everything can be restored completely and many currencies and coins will disappear forever.  Huh
member
Activity: 420
Merit: 13
Silence
This question is just like "If all the internet in the world destroyed is there still a possibility to get online" .
Why you guys still posting an out of world post? Though you already know whats the answer to your question.

There is no different about "If you steal a babies favorite food does the baby wont cry?"


-Sorry for the non-sense answer but I think a Non-sense question deserves it.
sr. member
Activity: 798
Merit: 253
Internet and crypto are inseparable. the Internet is dead then the crypto will not be accessible and certainly will also be destroyed. that's why if it does not happen then the internet makes thrive the more advanced crypto and getting bigger. But if the internet dies then don't ask things about crypto because of course all in crypto will end.
sr. member
Activity: 602
Merit: 252
very sensible question........ i like these high probability disaster planning scenarios.

I would guess that when it all gets switched back on and we all reconnect it will work again



Well said, another thing is the probability of the internet shut down which is very low. At present each and everything is connected with internet in one form or the other. Such a situation without internet connectivity never prevails. Even if this happens, it is a big disaster to everything.
newbie
Activity: 308
Merit: 0
I think it can’t happened but if it occur then definitely crypto will be down because it is digital currency and crypto needs to internet for transaction and that time world economy also face some problem.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
very sensible question........ i like these high probability disaster planning scenarios.

I would guess that when it all gets switched back on and we all reconnect it will work again


newbie
Activity: 350
Merit: 0
There crypto currency won't work if internet gets destroyed. Though, I hardly see any chance of it. But, in this new era people can't live without internet. So, techologies will find a way to get something like internet or better than internet. So, crypto currencies also also find a way to sustain.
full member
Activity: 406
Merit: 100
This is 100% impossible to happen. But if it would happen, then the crypto market will cease to exist until the internet recovers , as it's dependent on the internet in order to function.
newbie
Activity: 101
Merit: 0
At the moment, this will not happen. If everything happens when all the Internet stops, the blockchain will recover when it recovers.
member
Activity: 137
Merit: 11
Lots of business and sectors who uses internet will finally gets into oblivion, they will not work properly or cannot work at all. It's like blockchain where it is connected in every computer who are using internet for transferring, and working of any other currencies. Well common sense.
newbie
Activity: 33
Merit: 0
 If all internet ithe world is destroyed then the crypto will look like?

Well if that happen, it will probably an apocalypse.. Your coins on your virtual wallet will be the lease of your worries..  I never see an absolute cause that may lead to total internet destruction globally.. I don't think war, natural disasters can destroy totally the internet, of course some part of the planet it will survive, even a globally blackouts, internet can still survive because there's a solar energy.. People will always finds a way..
jr. member
Activity: 280
Merit: 1
if the internet network in the world is destroyed or paralyzed due to natural disasters, then crypto will also be paralyzed, I think not only crypto will be paralyzed, all economic activities are also paralyzed for a while, I believe as human beings we will find solutions to overcome it, recover and thrive unless the world ends.
sr. member
Activity: 700
Merit: 250
Internet crippled then crypto will also be crippled. However, this is likely to occur is almost impossible. If a natural disaster so not all countries will experience it. perhaps only a possibility of war could make the internet crippled and could lower the value of bitcoin.
member
Activity: 238
Merit: 10
Power the World for FREE
I can't imagine what our life would be like without the Internet.
Without the Internet, the entire cryptocurrency market could not function properly.
full member
Activity: 378
Merit: 100
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If the internet is destroyed the world will be paralyzed, crypto will also be destroyed.
How can we see the price of crypto if there is no internet, now everyone needs internet to search for information and news all over the world including cryptocurrency.

member
Activity: 210
Merit: 10
So if the Internet is lost, how will blockchain technology develop?
The whole blockchain network will not be maintained. Shocked
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?

i think that is a doomsday for cryptocurrency world. no activity, no investment, no buying, no selling. and i dont think it can be restore same as before again cause the system has broken. need a long time to make it normal again.
full member
Activity: 319
Merit: 100
If all internet in the world is destroyed then the crypto will look like shit, it is worthless and don't have any value at all because it can't be used anymore, it is digital currency and only can be used in online world.
full member
Activity: 952
Merit: 104
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?


Of course crypto running using internet connections the intire cryto gies dump and dead until the internet connection can't  restoring immediately and even the banking system are goes back to thebasic maual transactin system automated teller machine also goes die.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
The Internet is the source of everything. So if there is no Internet, the cryptocurrencies market will not be able to function. Moreover, the destruction of the Internet around the world is likely to happen, but it is an upgrade, not a replacement. Thus, the disappearance of the cryptocurrencies market is unlikely as the trend of Internet payments is growing day by day.
newbie
Activity: 280
Merit: 0
Crypto will go down if that happens. If there is no internet, there can not be any btcBTC.  Restoring the infrastructure would be a tough issue to deal with.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It will depend on what destroyed the Internet infrastructure in the first place, after all the Internet was created to be very resistant even to nuclear attacks, so if the Internet is destroyed then that means that something way bigger than that has happened and at that point I'm not so sure that we will be able to restore the Internet in a fast way and if anyone is going to care about restoring cryptocurrencies.
newbie
Activity: 294
Merit: 0
You are right. If all the internet breaks down, BTC crypto operation will be off. Even can you imagine what will happen to the world. But yes, after recovery of internet it can be restored and normal operation can be done.
hero member
Activity: 2674
Merit: 696
Dimon69
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!
the market may not even die for you just cant actually used this for any transaction online but you can have the chance to store this for offline wallet all your coins to be safe for.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
Well, let´s go into science fiction. Sure you can restore it, but most likely the chains would have been corrupted as the first nodes up could easily do a 50% attack and make profit from it.
member
Activity: 215
Merit: 10
The global crisis with the disconnection of the Internet, which serves as the basis for the existence of crypto-currencies, a similar probability can be considered close to "zero."
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
That is not a very realistic question, even though it is highly unlikely i think there will be some alternative way present to keep the internet up as it is the basic way of communication and information at the moment.
member
Activity: 140
Merit: 10
CRYPTASSIST.io
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
If there is no internet, then the crypto market will simply die !!! But I do not think it will ever happen. I think the internet will live forever, and the crypto world will be actively developing!
jr. member
Activity: 152
Merit: 1
The Internet is a global network located all over the world and has no binding to a place. Imagine that the entire Internet will stop working-it is very difficult. If this happens - it is unlikely that you will be worried, because you will be concerned about their own survival=). But you can dream up: without the Internet, of course-we will not be able to use cryptocurrency, so it will not be necessary for anyone. Databases, of course, will remain, and as soon as the Internet becomes available - you get your savings back. Cryptocurrency will certainly recover after such stress. But this scenario is impossible today.
copper member
Activity: 140
Merit: 0
At first internet connection never can be totally destroyed and if some error occurs than it can be fixed. Without this, whenever you will get network you can access because the information of your coins are recorded in block chain. So, your coins will be secure if it occurs.
full member
Activity: 378
Merit: 111
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
In my own point of view, cryptocurrencies will actually fall down, if it is only natural disasters maybe they could restore everything the way that should be, but if it is about war maybe restoring them will take a long time because people rather save their lives than earning bitcoin or cryptocurrencies.
newbie
Activity: 112
Merit: 0
i would agree on the argument that crypto will not longer exist, as they are very dependent from the internet, as well as the world. so, this is not going to happen.
member
Activity: 294
Merit: 10
I heard that Blockstream has announced a satellite network aimed at serving those who want to dig up Bitcoin but have no internet around the world. That means anyone can join the Bitcoin network, even without a high-speed internet connection. With satellite connection, any computer anywhere in the world can join the Bitcoin network without the need for an internet connection. Future whether crypto will need the Internet or will it be another type of protocol?
newbie
Activity: 168
Merit: 0
Of course! Difinitely cryptocurrency business automatically shutdown when internet destroyed, but it is a very hard scenario, because we are now on a high developed technology system, and the internet system also performs as a heart of every business, therefore it is supported by a strong foundation in order to avoid any corrupted connections to every business and most especially on this cryptocurrency business.
member
Activity: 199
Merit: 10
If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
I think it is not totally destroy because internet connection can be fix. Blockchain only needs to sync and it will go live again. One thing that internet might get destroy is a world war and I believe world war will stop one way or another.
member
Activity: 476
Merit: 41
The whole entire internet gets destroyed due to a natural disaster and you are worried about crypto?

You should be worrying about the survival of the human race instead.

The "internet" doesn't exist in a certain place, it is the most vastly interconnected system in the world.
In order for the entire internet to be destroyed, that would be a global catastrophe.

That is why I just laugh when skeptics ask me, "So what will you do with your crypto if the internet goes down" or "How much does your crypto weigh? It's not even real!"

This shows ignorance on such a huge level I have to roll my eyes.

Blockchain technology is distributed through nodes scattered accross the world, it is open source and anyone can get in.
That's why it is insanely difficult for it to "die".

Just take a look at the thousands of coins out there.  Even the most remote coins have people mining them and running nodes.
And then there are coins that literally died and then someone came in and started running it later and the community grew.

So, yeah, crypto ain't ever gonna die.
newbie
Activity: 112
Merit: 0
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
It's going to be pretty funny, but the cryptocurrency is going to be the currency we're going to pay SkyNet to not kill us.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
Yes you can restore all your money whenever there is network access because all the information of our coins are recorded in blockchain if we can able to secure our private key while that natural disaster then you are free to go to have your cryptos back.
full member
Activity: 840
Merit: 128
Cryptos is the money of internet, so without it, there is no money.
However supposing that a big war would split the world and the internet into two separate parts, cryptos would probably develop also separate with two different blockchains with the same name.
The problem would be after the war and I believe the current system (of alts) is not ready to decide which part would be the genuine one (and reject the other part). So a hard fork could be a solution.
legendary
Activity: 1330
Merit: 1003
If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
jr. member
Activity: 252
Merit: 2
Ximply for president!!!
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
For sure blockchain will stop but the coins that has been stored in a cold wallet will not be harmed so by the time the internet and blockchain restored you'll still have your coin with you Wink.
member
Activity: 240
Merit: 17
Buy, sell and store real cryptocurrencies
Definitely crypto will down if that happen. The word online digital money and how we going online? Through internet so crypto might fall but dont think like that even way happend only certain country will affected. Well this might cause small damage in circulating crypto and economy itself. Even one country get damaged and stop all traders and investor will decrese volume of our world currency
jr. member
Activity: 280
Merit: 6
If what is the cause of war or natural disasters that the Internet around the world is destroyed then the crypto copper will look like? Can restore them after restoring infrastructure?
Jump to: